Posts

Caution
at Higher LevelsNifty
Outlook for the Week 01.01.2018 to 05.01.2018NIFTY
:: 10531 (+38) Nifty
traded in a narrow range of 10460 to 10552 during last week and
closed nearer to the High of the range or the week at 10531 with a
Gain of 38 Points (about 0.36%), with a Positive outlook. The
short term trend is quite Bulliish. It is Bullish for Both Medium
Term and Long term. However, Short term would become Bearish if Nifty
comes Down and closes below 10350. 20
DMA, 50DMA, 100DMA and 200 DMA are placed at about 10328, 10318,
10135 and 9810 respectively and would act as Supports and
Resistances. Nifty
continues to trade above the 200 DMA and also above the 50 DMA and 50
DMA has come above 200 DMA (Golden Cross has come more than about Ten
months ago) suggesting that the Long term outlook has become Bullish
and Nifty continues to trade above all the moving averages and hence
can be considered as Bullish. Technical
Levels... Bullish
above 10600 with Resistance at 10675, 10750 Bearish
below…

2017
has been an upbeat year for the markets. The Sensex and Nifty
surpassed the 34,000 and 10,500 levels for the first time. The Sensex
clocked its best performance in recent years, rising by 7,430.37
(27.91%) in 2017. It had gained 508.92 points (1.94%) last year. The
Nifty too rallied 2,344.90 points (28.65%) in 2017. The 30-share key
index touched its lifetime high of 34,137.97 on December 27. With
this rally Investors became richer by Rs 45.50 lakh crore this year
helped by a strong rally in the stock market. Led by the strong show
in the stock market, the market capitalisation of BSE-listed
companies soared by Rs 45,50,867 crore to Rs 1,51,73,867 crore (USD
2.3 trillion) this year. Equities rallied on the last trading session
of 2017, bringing to close a remarkable year that saw the benchmarks
surging past milestones.

"Market
surprised the investors with a positive note on the final trading day
of 2017. Expectation of a pick up in third quarter earnings and
strengthening of…

For
the 10th year in a row, Americans have named former US president
Barack Obama and Hillary Clinton as the man and woman they admire
most, according to a recent Gallup poll published today. Obama edges
out President Donald Trump, 17 per cent to 14 per cent, while former
secretary of state Clinton moved past Michelle Obama, 9 per cent to 7
per cent and First lady Melania Trump scored one per cent, the poll
said. Obama wins over Trump, who is suffering brutally low approval
ratings as he is about to complete his first year in the White House,
came in second place followed by Pope Francis. Trump's approval
rating sank to a new low in CNN polling in December, earning the
approval of just 35 per cent of Americans less than a year into his
first term. The former president has made it to the top of the list
for the past 10 years, while the former presidential candidate has
won 16 years in a row. Gallup said sitting presidents usually win the
most admired spot, and that Obama was the fi…

Mid
Session Better Tithi
:: Pushya Sukla Dasami Nakshatra
:: Aswini Persons
born in Rohini, Hastha and Sravana and those born in Aries and Leo
are advised to be alert in their dealings. Sensitive
/ Trend change Timings : 1.11PM Likely
Intraday Trend... On
the basis of planetary position and aspects amongst planets, Market
is expected to Open Steady/Subdued and remain So till about 12.15PM
and remain Better thereafter till about 2.00 PM and
could remain Subdued till about close of the day. Astro
Technical Trading Strategy... If
Nifty fut trades above ATP by about 12.15 PM Long Positions can be
taken with suitable SL and can be closed by about 1.45 PM. If
Nifty Fut trades below ATP by about 2.00 PM, Short Positions can be
taken with suitable SL and such positions can be closed by about end
of the day. Technical
Levels... Resistance
: 10530,10565 Support : 10450,10415

---------------------------------------------- IF resistance levels are
achieved in the forenoon session…

India's
economy is expected to overtake that of Britain and France to become
the world's fifth largest in dollar terms in 2018 and third largest
in 2032, the World Economic League Table (WELT) said today. It would
be the first time when the Indian economy will overtake the UK and
France in real money dollar terms, the ninth-edition of the report
released by London-based Centre for Economics and Business Research
showed. The world economic league table has forecast for 192
countries up to the year 2032. The report said the Indian economy has
been larger than that of the majority of Western economies for most
of history. It was only in 1906 that the UK economy overtook the
Indian economy, while the French economy was smaller than the Indian
economy until 1951. India will become the world's third largest
economy by 2032, said the report, which gave the annual growth,
inflation and exchange rate forecast for each of the 192 economies
over the next 15 years. The countries cover…

for December 28, 2017 Mid
Session Better Tithi
: Pushya Sukla Dasami Nakshatra
: Aswini Persons
born in Rohini, Hastha and Sravana and those born in Aries and Leo
are advised to be alert in their dealings. Combination of Day and
Tithi are favourable, Sensitive
/ Trend change Timings : 1.11PM; Likely
Intraday Trend... On
the basis of planetary position and aspects amongst planets, Market
is expected to Open Steady/Subdued and remain So till about 12.15PM
and remain Better thereafter till about 2.00 PM and could remain
Subdued till about close of the day. Astro
Technical Trading Strategy... If
Nifty fut trades above ATP by about 12.15 PM Long Positions can be
taken with suitable SL and can be closed by about 1.45 PM. If Nifty
Fut trades below ATP by about 2.00 PM, Short Positions can be taken
with suitable SL and such positions can be closed by about end of the
day. Technical
Levels... Resistance
: 10530,10565 Support :10450,10415 --------------------------------------------- IF resistance le…

for December 27, 2017Generally
BetterTithi
:: Pushya Sukla Navami Nakshatra
: RevathiPersons
born in Kittika,Uttaa and Uttaashadha and those born in
Aries and Leo are advised to be alert in their dealings. Sensitive
/ Trend change Timings : 1.46PM Likely
Intraday Trend... On
the basis of planetary position and aspects amongst planets, Market
is expected to Open Bette and remain So till about 12.15PM and remain
Subdued thereafter till about 1.50 PM and remain Better till about
close of the day. Astro
Technical Trading Strategy... If
Nifty fut trades above ATP by about 9.30 AM Long Positions can be
taken with suitable SL and can be closed by about 12.15 PM. If Nifty
Fut trades above ATP by about 2.00 PM, Long Positions can be taken
with suitable SL and such positions can be closed by about end of the
day. Technical
Levels... Resistance
:10570,10605 Support :10490,10455 ---------------------------------------------- IF resistance levels are
achieved in the forenoon session, buying may
be av…

RATE
CUT UNLIKELY IN NEAR FUTUREFirming
crude oil prices in the global market is likely to cast its shadow on
retail inflation, which has began to move northwards after hitting a
low of 1.46 per cent in June, and may prompt the RBI to hold interest
rates at least for some time in 2018. Experts are unanimous that
crude oil will be a spoilsport next year. Besides global oil prices,
the impact of implementation of 7th Pay Commission, including the
hike in house rent allowance, is likely put pressure on prices.
Retail inflation may average around 4-4.5 per cent next year, higher
than an expected sub-4 per cent level this year, feel industry
experts and economists. Retail inflation, which has a direct
implication on common man and forms basis for the Reserve Bank (RBI)
while reviewing policy decision, ranged between 1.46-4.88 per cent in
2017. Whereas the consumer price index (CPI) based retail inflation
was at the year's lowest level of 1.46 per cent in June, it hit a
eight-month high…

Scripwise
Movements with a bit Bearish Bias Outlook
for the Week 26.12.2017 to 29.12.2017

NIFTY
:: 10493 (+160) Nifty traded in a range
of 10075 to 10501 during last week and closed nearer to the High of
the range for the week at 10493 with a Gain of 160 Points, a Gain of
about 1.55%. Market had closed with a Positive outlookOn Monday
morning, market lost heavily when Gujarat Election results were a bit
negative. During
the Next Week, Moon would be transiting from
Uttarabhadra to Revathi constellation during Tuesday to Wednesday and
would form a range, which if it breaks on the Upper Side
it would become Bullish and if it Breaches on the Downside, it would
become Bearish. - The
short term trend is quite Bulliish. It is Bullish for Both Medium
Term and Long term. However, Short term would become Bearish if Nifty
comes Down and closes below 10300. - 20
DMA, 50DMA, 100DMA and 200 DMA are placed at about 10302, 10292,
10177 and 9779 respectively and would act as Supports and
Resistance…

for December 22, 2017 Volatile
Movements Tithi
:: Pushya Sukla Chavithi Nakshatra
:: Sravana Persons
born in Punarvasu, Visakha and PBhadra and those born in
Aquarius and Gemini are advised to be alert in their dealings. Sensitive
/ Trend change Timings : 10.23 AM ;12.27PM; 2.46 PM Likely
Intraday Trend... On
the basis of planetary position and aspects amongst planets, Market
is expected to Open Steady/ Better and remain So till about 12.30PM
and remain Subdued thereafter till about 1.30 PM and Better till
about 2.45 PM and could remain Subdued till close of the day. Astro Technical Trading
Strategy... If
Nifty fut trades above ATP by about 9.30 AM Long Positions can be
taken with suitable SL and can be closed by about 12.30 pm. If
Nifty Fut trades below ATP by about 2.45 PM,Short Positions can be
taken with suitable SL and such positions can be closed by about end
of the day. Technical
Levels... Resistance
: 10480,10515 Support :10400,10365 --------------------------------------------------…

EY
Report on Indian Market As
many as 153 initial public offers hit the Indian stock market this
year, raising USD 11.6 billion, according to an EY report that says
activity "looks good" for 2018 as well. According to the
report released today, the fourth quarter (October-December) of this
year saw 22 IPOs hitting the market, an increase of 47 per cent
quarter-on-quarter (Q- O-Q) in terms of number of deals. "India's
BSE, NSE and junior markets recorded a 74 per cent increase in deal
numbers in 2017 compared with 2016, with 153 IPOs raising USD 11.6
billion," the report said. In Europe, the Middle East, India and
Africa region (EMEIA), BSE and SME exchanges recorded the highest
proceeds worth USD 5.5 billion through 17 IPOs, the EY Global IPO
Trends: 2017 (Q4) report added. The largest IPO by proceeds was
General Insurance Corp of India worth USD 1.7 billion in the
region."The stability of the political landscape in India
with continued focus on reform age…

Opening
Better Pushya
Sukla Vidiya: Nakshatra
::Purvashadha/ Uttarashadha Persons
born in Mrigasira, Chitta and Dhanishta (in the forenoon) Aardra,
Swathi and Sathabhisham and those born in Capricorn and Taurus are
advised to be alert in their dealings. Sensitive
/ Trend change : 1.13 PM Likely
Intraday Trend... On
the basis of planetary position and aspects amongst planets, Market
is expected to Open Better and remain So till about 11.35AM and
remain Subdued thereafter till about 1.10 PM and Better till about
1.25 PM and could remain Steady thereafter till about 3.05 and could
remain Subdued till close of the day. Astro
Technical Trading Strategy... If
Nifty fut trades above ATP by about 9.30 AM Long Positions can b e
taken with suitable SL and can be closed by about 11.30 am. If Nifty
Fut trades below ATP by about 3.00 PM,Short Positions can be taken
with suitable SL and such positions can be closed by about end of the
day. Technical
Levels... Resistance
: 10505,10540…

The
BJP fought off a strong challenge from Rahul Gandhi-led Congress to
win the Gujarat assembly polls for the sixth straight time today, and
also wrested power from the Congress in Himachal Pradesh with a close
to two-thirds majority. The twin victories tightened BJP's grip over
the country's politics that saw Congress lose one more state with
general elections only 18 months away. Still, the euphoria in the BJP
camp was tempered by the lower-than-expected margin of victory in
Gujarat -- it took 99 seats in the 182-member assembly, down from 115
it won in 2012, and far lower than the 150-plus seats it had hoped
for. The Congress won 77, up by 16 seats at the end of counting of
votes in the Gujarat polls tonight that was marked by acrimonious
exchanges and rhetoric during the high octane campaign. Prime
Minister Narendra Modi hailed the party's victory in Gujarat--where
it has been continuously in power since 1998 --as "unprecedented",
noting that retaining offic…

for December 19, 2017Generally
Better Tithi
:: Pushya Sukla Padyami Nakshatra
::Moola/ Purvashadha Persons
born in Mrigasira, Chitta and Dhanishta and those born in
Capricorn, Taurus are advised to be alert in their dealings. Sensitive
/ Trend change Timings : 10.07 AM ; Likely
Intraday Trend... On
the basis of planetary position and aspects amongst planets, Market
is expected to Open Steady / Subdue and to remain Better from 10.10AM
till about 11.45AM and remain Subdued thereafter till about 1.20 PM
and to remain Better thereafter till about 2.55 PM and to remain
Subdued till close of the day. Astro
Technical Trading Strategy... If
Nifty fut trades above ATP by about 10.15 AM, Long Positions can be
taken with suitable SL and such positions can be closed by about
11.45 AM. If Nifty Fut trades above ATP by about 1.30 , Long
Positions can be taken with suitable SL and such positions can be
closed by about 2.50 PM. Technical
Levels... Resistance
: 10430, 10465 Support : 10350,10315 ----------…